Supply Chain Stress Monitor - 2024-03-13
Date:
Thursday, March 14, 2024
Summary:
Inventories-to-sales ratios are rising across the economy, but still at low levels (still negative for retail ex-auto). Directionally, you can call it an inventory overhang, but that's only compared to the inventory shortages of two years ago. Like so many things today, it is in fact normalization.